Yolofsky Law November 2018

THE HERO I N S I DE R

www. yol of sky l aw. com (305) 702-8250 NOVEMBER 2018

FROM THE

Yolofsky Office

We’re now in the homestretch for 2018, and what a wonderful year it has been. We launched a new website, new video, and thanks to your referrals — the practice has grown. We are eternally grateful. Thanksgiving will be extra special this year because we truly appreciate our readers for following our journey as we continue to help people transform and become heroes to their families and their businesses. Speaking of heroes, we must mention the importance of this month’s second weekend. Nov. 10 is the 242nd birthday of the U.S. Marine Corps (Wow! AJ is old). And Nov. 11 is Veterans Day, and we extend our gratitude and respect to the men and women who have served our great country. Notice how commemorating the Marines leads the way into the holidays? As you celebrate, please take time to live in the moment. It goes by too quickly. Before you begin the shopping craziness, take an extra photo or just enjoy the stories from your loved ones.

GRATITUDE IN THE WORKPLACE Should Be a Year-Round Initiative

Odds are that your company hosts some type of Thanksgiving festivity. Office potlucks are delicious and great for camaraderie, but there’s one element of the holiday that should be part of your company culture year-round: gratitude. “If we think about gratitude only once a year,” notes author David Horsager, “we overlook the immense power of practicing it daily, especially in a business context.” A study from the University of Warwick found that happier employees are 12 percent more productive. One of the easiest ways to put a smile on the faces of your team is to express your gratitude for them. It sounds simple, but it’s something far too many entrepreneurs, executives, and managers overlook. The holiday season is the perfect time of year to reflect on whether or not you’re saying thanks enough. Over the course of his career as CEO of Campbell Soup Company, Scott R. Conant wrote more than 30,000 notes to employees expressing gratitude and appreciation to them. “On the face of it, writing handwritten notes may seem like a waste of time,” Conant told Harvard Business Review. “But in my experience, they build goodwill and lead to higher productivity.” The number of studies that confirm Conant’s assumption are too numerous to list here, but there are a few that should raise the eyebrows of any business owner. A study from the University of Pennsylvania, for example, found that grateful leaders motivate their employees to be up to 50 percent more productive. Gratitude and acknowledgment have also been linked to increased self-esteem, happiness, empathy, and a better response to stress and negative feedback. And the benefits affect both the person expressing their gratitude and the person receiving it. THE BENEFITS OF GRATITUDE

See you next month!

–Yolofsky Law

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